Skip Nav
Cannes Film Festival
The Balmain Army Took Over the Cannes Red Carpet in Custom Dresses
Cannes Film Festival
The Most Magical Disney Dresses We Could Find at Cannes
Cannes Film Festival
Fashion's Biggest Party Is Going Down in Paris, and You Must See Every Look

Christian Lacroix Has a Potential Buyer

>> A Christian Lacroix spokeswoman wouldn't comment, but reports are floating around that French company Bernard Krief Consulting, which specializes in buying up failing companies, plans to make an offer on Christian Lacroix next week — potentially as early as next Monday. 

Louis Petiet, the company's president, said that he considers Lacroix part of France's "national patrimony" and couldn't bear to "allow it to die."  He added that if the deal goes through, he hopes to multiply Lacroix's sales by five in the next five years.  Petiet declined to go into details about terms of the deal, but Lacroix estimated that the company would need 50m euro for a relaunch.

Bernard Krief Consulting believes it is the only bidder for the company, so hopefully the deal goes through by the end of July; otherwise, Lacroix's owner Falic Group plans to activate a restructuring plan that will reduce the workforce from 124 to 12 and render the operation licensing only.

Around The Web
Join The Conversation
Carine Roitfeld Documentary Mademoiselle C
Christian Lacroix Has His First Post-Bankruptcy Fashion Job, Designing Monsieur Lacroix for Desigual
Alexander Wang Carine Roitfeld Balenciaga Stylist Rumor
Chris Benz to Skip Fall 2013 New York Fashion Week Show
A Look at Givenchy's Spring 2011 Campaign Featuring an Albino Model; David Lauren and Lauren Bush Are Engaged
PPR Interviewing CEO Candidates For Christopher Kane
Vittorio Missoni's Son Says His Father Will Come Back
Schiaparelli at Paris Haute Couture Fashion Week | Fall 2013
Tory Burch Christian Lacroix Interview
Marc Jacobs 92nd Street Y Conversation
From Our Partners
Latest Fashion
All the Latest From Ryan Reynolds